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Effects of culture on economic outcomes

One of the recent, lesser discussed occurrences that could affect Pakistan’s future economic trajectory is the (unannounced) decision by the UAE government to dissuade Pakistani males, above 40 years of…

Getting out of the economic boom-bust cycle

Since independence, Pakistan has largely remained a consumption-oriented economy, and together with this, growth mostly has come from light industrial base. This is because government has sub-optimally played its part…

Prioritising education for economic development

Pakistan’s economy is steadily recovering from the downturn that began in 2019-20. Key macroeconomic indicators are improving -- economic growth is on an upward trajectory, inflation is declining, the trade…

Making 2024 count economically

A pivotal year which may become a turning point for Pakistan’s economy, 2024 saw significant progress in achieving macroeconomic stabilisation. The country made strides in controlling inflation, reducing interest rates,…

This year’s economic scorecard

The year 2024 represents a critical juncture for Pakistan’s economy, characterised by a confluence of significant challenges and emerging opportunities. Throughout this period, Pakistan encountered a range of obstacles arising…

Economic pipe dream

REGIME gurus claim to have put us on the path of progress — except that all past regimes falsely claimed this too. Progress includes not only economic stability and durable…

Home-grown economic plans

THE government recently formed a committee of eminent international and Pakistani economists to draft a home-grown economic programme. This article shows that there is little need for such a committee. There is…

IT boost for economic growth

Total world trade in IT services crossed $1 trillion in 2023 – and it is growing. IT services are now 14 per cent of all services trade, a big jump…